Regulators won't dismiss move against South Carolina utility
COLUMBIA, S.C. (AP) — State utility regulators have refused to dismiss a request that could lower rates for South Carolina Electric & Gas Co. customers after the company abandoned plans for two nuclear reactors.
News outlets reported the Public Service Commission on Wednesday refused to dismiss two cases against SCANA Corp, parent company of SCE&G.
Wednesday's decision means regulators could stop SCE&G from continuing to charge ratepayers for the reactors the company and the state-owned utility Santee Cooper canceled July 31. Typical SCE&G customers are paying $27 a month for the project.
The Public Service Commission will also consider whether SCE&G must refund about $1.8 billion already collected.